PRESS RELEASE: seriesOne in Seoul with Bithumb “building the STO ecosystem”

Seoul, Feb. 28, 2019 – BITHUMB’s US partner seriesOne has held an investor event in Korea. The event was attended by companies that are in the process of issuing security token offerings (STO) in the United States.

The “Digital Securities VIP Mitt” event was held at the Oakwood Premier Hotel in Gangnam-gu, Seoul on February 27th.

The event was attended by more than 50 people, including representatives of seriesOne, including Michael Mildenberger, CEO of seriesOne Korea, Kim Byungkuk, foreign investors who are interested in securities type tokens, and block chain industry officials.

Mitsu was introduced to the series company and the explanation of the securities type token. In particular, two US companies, including Helena Oil & Gas, which is in the process of issuing securities tokens, attracted attention.

Helena Oil & Gas, a crude oil drilling business, plans to secure more oil fields and increase crude oil production through the issuance of securities tokens. Game developer Planet Digital Partners is in the process of issuing securities tokens to share profits with investors.

Participants had a good opportunity to find out how the actual disclosure of securities tokens in the United States was done through local company descriptions. Asian investors, Crypto funds, venture capitalists and law firms attended the meeting.

seriesOne, which is currently pursuing the establishment of a securities-type Token Exchange in the United States through collaboration with BITHUMB, was established in 2013 by US local financial experts. It has been officially approved as a Crowd Funding (CF) portal by the US Financial Supervisory Commission (FINRA) and the Securities and Exchange Commission. It is a fintech enterprise currently doing business such as crowd funding, primary issuance platform, and security token advisory.

Michael Mildenberger said that seriesOne will develop a platform to deal with not only the issuance of securities tokens, but also the development of a securities token exchange ecosystem. This seminar will enhance understanding of securities tokens as recognized in the United States, he said he hoped “it would be a good opportunity to be able to measure” global interest.

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